ARTICLES

Creating a real-time Artificial Intelligence engine that can predict the future opportunities to optimize one’s chances in his/her career. This will increase the current employment rate in the Indian market thus raising the market pitch. The machine learning ability of our engine will improve the test basis for development of every user. Our engine will improve the test basis for the development of every user on the current market with his/her personality and skills tested on a regular basis through Gamification. A very new concept of Social scoring is introduced here to analyze all the social media accounts of the user in order to arrive at a social score which shall intend reflect the personality. We are expecting to launch the lite version as soon as in 3 months after the initialization. Within six months our engine will be able to optimize almost all the unemployment issues and provide the right solution.

Can artificial intelligence replace humans ?
Experience shows that automation leaves contact centre advisors to deal with more complicated issues. AI is not good at dealing with complaints, sarcasm or emotions. It lacks human empathy and the emotional skills required to deal with complex issues like complaints. Even a simple statement such as “fantastic service” can have the opposite meaning depending on how it’s said. Robots find this hard to understand.

Artificial Intelligence is Healthcare’s new Nervous System. AI applications can potentially create $150 billion in annual savings for the United States healthcare economy by 20261. AI in health represents a collection of multiple technologies enabling machines to sense, comprehend, act and learn, so they can perform administrative and clinical healthcare functions. Unlike legacy technologies that are only algorithms/tools that complement a human, health AI today can truly augment human activity in taking over tasks that range from medical imaging to risk analysis to diagnosing health conditions.

Automation and Artificial Intelligence have recently become two of the most used words in business, social and political contexts. There is growing debate across business circles on whether automation and AI will change the way industries produce and deliver goods and services; and whether that will change their competitive environment. In political circles, this debate boils down to the future of human employment; whether this will create or destroy jobs. Policymakers as well as the working population is concerned about how to reskill people in the face of these growing developments so that they do not become redundant.

Like every other major sector, healthcare is also going to be significantly affected by the new advances in technology. Along with the benefits of AI, companies will need to grapple with the numerous challenges it brings with it. These include keeping organizational and employee morale high, using technology in cost-effective ways, and maintaining differentiation among other health providers who are using the same technologies. The companies that can successfully overcome these challenges via successful integration and an unyieldingly tight focus on service will continue to thrive, while the rest will perish into oblivion and will only be remembered as outdated relics of a bygone era.

Consumer adoption of IoT devices is expected to rise quickly: The "State of the Internet of Things" study found that nearly two-thirds of consumers intend to purchase a connected home device by 2019, while ownership of wearable technology is expected to double year over year in 2021. The IoT movement offers retailers opportunities in three critical areas: customer experience, the supply chain, and new channels and revenue streams.

Automation due to the advancement of machines started off slow: with the usage of machines to do repetitive work that did not require heavy human guidance. Now with the advent of AI, automation has now got a whole new meaning with the machines these days being given the capability to think and handle tasks. Even though Artificial Intelligence currently does not seem to portray a major threat to any industry, it is nevertheless moving steadily in this direction and several major industries will soon see a huge overhaul in terms of human resources, employment, organizational structure because of this. Out of these industries, the one that would be seeing the biggest transformation is the Customer Service Industry.

The ability of Artificial intelligence to speed-up the process and reduce the cost of drug development (drug - synthesis, testing, delivery) makes it an invaluable asset to Pharmaceutical industry. Assisting in the evaluation of complex simulation results, generating accurate models of target locations & molecules and decision on the type & quantity of dosage are few of the possible improvements. Utilizing AI along the development process makes few roles obsolete while providing opportunity for professionals with Computer Science experience.

Today, India is reaping the benefits from its young and able demographic, unlike the rest of major economies struggling under the clutches of an increasingly aging and dependent population. But things might not always remain the same for India.
Is India ready to support its population that will age? This report questions India's preparedness for the same.
The research involves analytically dissecting state-level data for the four prime pillars of support system - education, health, housing and pension; and hence, identify gaps on the policy front. The best practices from other countries have been incorporated to recommend corrective measures and the best way forward.

This report focuses on the contributing and inhibiting factors for adoption of wearable devices in India. It also discusses potential wearable devices that may be seen in India in the future and how can they be designed to be best-suited to the Indian context.

On November 8th 2017 GOI undertook Demonetization activity under the objective of curbing black money. Demonetization had short term impact on Indian economy but no one was sure about its long term impacts. Hence through this CCS report we analysed long term impacts of demonetization. Also we analysed pros and cons of demonetization. Using the insights that we got by conducting surveys, field visits we analysed the way demonetization was conducted and was it successful in achieving its stated objectives. Also we came with a recommendation if GOI should conduct such activity again in future and if it decides to conduct then how it should be implemented.

The project analyses the theory behind Optimum Currency Area in the context of European Monetary Union. The report highlights the shortcomings in the current structure which led to the Euro crisis in 2010. It also suggests the way forward to make this currency union beneficial for all member states.

This paper presents a synthesis of Blockchain technology and cryptocurrencies. A clear understanding and appreciation of Blockchain technology from both a technical and business perspective is established, along with a better comprehension of Bitcoin, that is essentially a network on the Blockchain. Key allegations against bitcoin such as “Bitcoin is essentially deflationary currency” and “Bitcoin standard is the next Gold standard” are also addressed to understand whether or not Bitcoin can be a mainstream medium of exchange.

We have tried to understand the supply chain models followed in different industries and their pain points. We have also interviewed people from various companies to understand the reasons behind not migrating to cloud. Some reasons include network issues, huge investment in on-premise system infrastructure, security doubts, no control over data etc.
Finally, we have come up with a list of recommendations to address each of these problems.

In this paper we have studied two FMCG giants with a long operating history in India: HUL and ITC. We have tried to analyse the kind of equation they have shared with their parent organizations Unilever and BAT, respectively, in terms of identity over a period of time. In our endeavour of understanding how the identities of these subsidiaries have changed with respect to their parent organizations, we have analysed the operations of these organizations over several years, and tried to relate their actions or policies with the corresponding influence their parent organizations were exerting on them. Thus, we have essentially tried to observe these two organizations through the lens of their changing identities over a prolonged period of time.

In order to avail loans from the IMF, a crisis-hit borrowing member country is required to implement a set of policies called the Lending Conditionality. This study critically analyses the design of such policies from the economic and the socio-political perspective of the lending countries, and attempts to answer if the IMF imposed conditions improve or worsen the crisis.

Protectionism, by definition, means the limiting of trade between countries, by implementing tariffs on imported goods, restrictions, quotas and other regulations imposed by the governments. Such policies are incorporated by a country to safeguard the interests of the local industries. But in recent years protectionism has turned out to be a tool for anti-globalization and political dominance. In this paper, a description of different types of tariff and non-tariff trade barriers that have historically been used by different countries has been provided. Protectionist measures implemented by the European Union pertaining to Agricultural & Agro-based products industry and the USA on Steel, Shrimps and Pharmaceutical industry, that affected India have been explored. The impact of these measures on Indian exports and how India has been handling such situations has been analysed.

The traditional grocery stores, also known as the ‘Kirana Stores’, contributed 98% of total grocery sales. They have the highest reach in terms of number and coverage of cities and villages. Though the sector seems to be strong, they are likely to face tough competition from organized retailers. Between 2014 and 2015, the organized retail has grown by 17% whereas traditional grocery sales have grown by 9.8%. In this report, we intend to find out what are the factors that influence Indian consumers in their selection of a retail format. We also intend to find the behaviors that influence the selection of a particular retail format.

The motivation of this study was to understand India’s position in RCEP and design a strategy to negotiate the trading terms to gain maximum benefit out of the trading bloc. The premise behind the participation of India was that it can now actively look to increase participation and quality of its involvement in the trade regime close to Indian Ocean and allied seas, especially in the wake of the current domestic, political and world economic scenario. The report includes an analysis of shortcomings of current and past exchange trade agreements between the interested member countries and recommendations on strategy and policy on how to use RCEP as a platform to boost exchange trade would be looked at.

The Smart Cities Mission is an urban renewal and retrofitting program by the Government of India with a mission to develop 100 cities all over the country making them citizen friendly and sustainable. The Union Ministry of Urban Development is responsible for implementing the mission in collaboration with the state governments of the respective cities.
The study focuses on the usage of Information and Communication Technology in the Smart Cities Mission. It will be useful for those who wants a basic idea on the Smart Cities programme, and how to make them ‘smarter’. We take Chennai as an example in this report.

The US and China are biggest trade partners in the world. The rise of the Chinese economy and its dominance over world economics and politics has made the US to re-think its strategy. Moreover, growing trade deficit proves US dependence on Chinese imports. The paper elucidates the reasons for this shift, that may be attributed to a multitude of factors ranging from unfair business practices by the Chinese to the market seeking behaviour of US firms. The paper attempts to decipher the global value chain and position these economies at appropriate levels.

A mathematical analysis that reveals the underlying factors leading to corruption perception index which will help in unveiling the obscurity around the causes of corruption and hopefully provide a solution to this problem

This study aims at using statistics and data analytics tools to solve two problems:- what are the important drivers to promote business entrepreneurship in India and recommendation of a an optimal course structure to IIMB faculty based on student preferences.

Hasiru Dala or the Green Force is a member based Non-Profit Organization dedicated for waste pickers and the informal waste workers founded by Shekhar and Nalini. Hasiru Dala aspires to ensure that the neglected waste pickers of the society including the informal waste workers in the solid waste management structure by deploying the expertise achieved by them in this domain. The humble beginning has now become more formalized and structured. Some battles have been won, some lives have been touched and some impact has been created. But there is a long way to go. Hasiru Dala is at the juncture at which it has to be registered as a legal business entity. The question is what form it should take and how is it going to have an impact on their future ambitions?

Shekhar Prabhakar and Nalini Shekhar, the Co-founder and Managing Trustee of Hasiru Dala Innovations were discussing the success story of their brain child Hasiru Dala. Glancing at the mammoth journey they have both travelled together to establish this organization in the year 2011 and how swiftly they have moved on to became a well-known household name among the apartments and housing societies in and around Bengaluru. Now they are sceptical about their expansion strategy with various options coming into picture but they need to finalize on one of the scaling strategies. What should they do for scaling up?

An industry analysis to get a better understanding of analyzing, formulating, implementing and executing business strategies in the highly volatile Indian aviation market, along with understanding the current trends of the industry with all its dimensions.

This study aims at identifying key issues and suggests some interesting recommendations regarding the fashion idustry in India. Although the online companies have drastically changed the behavior of the customers of buying clothes online but this industry is not less challenges. Heavy discounting allowed to acquire new customers but could build loyalty. Other problems like delivery blunders, inefficient supply chain and logistics need to be addressed at the earliest with the use of proper technology in order to make this business more sustainable.

This study is aimed at analyzing Tata Motors Ltd. in detail to understand the firm’s operations and all possible interfaces with the external environment. Tata Motors is a homegrown firm with wide operation base in the country. TML is present across several segments such as Passenger Vehicles, Light/Medium/Heavy commercial vehicles. Though the operation for each segment varies widely, our aim is to work with a generic organizational and operational structure.

The authors have explored the implementation of interest free housing loans (an asset product) in Indian commercial banks.They developed a financial model for such a home loan product based on rental income and explored the fit of this product in commercial banks in India.

This report covers three major aspects of the online grocery industry including attractiveness of this industry, challenges and opportunities for the current online players and how offline retail giants like More, Reliance fresh can build their brand in online grocery space.

In August 2015, India Post has been given an in-principle approval to set-up a payment bank, named India Post Payment Bank (IPPB). While India Post can leverage its vast network and rural presence, running a payment bank will bring its own set of challenges. The project will investigate what different products and services that can be viably offered by IPPB, what challenges India Post will face during the roll out of the payment bank and what strategies it should adopt.

With such rapid growth trends of organized retail in the FMCG and apparel markets, the strategies of growth and differentiating factor of the multi brand retail giants in India are going to be particularly interesting. How these multi brand retail stores position themselves with the consumers and how they cater to their evolving needs and expectations of their target segment is particularly intriguing. Through this study, an in depth understanding of their strategies and the growth avenues of these multi brand retail houses has been targeted

The aim of this project is to examine the trend of trade flows between India and Australia and comment on the role of FTA in addressing the trade barriers.

August 2016- Vista 15 Special issue

Tejas is proud to present the award-winning articles of its flagship whitepaper competition Metamorphosis, conducted during IIMB’s 3-day business fest Vista (2015). Tejas congratulates the winning teams for their outstanding performance and thanks all participants for their dedicated efforts.

This report shows how Government incentives for 'Make in India' can boost the renewable energy sector. It proposes an expansion strategy for WellSpun Renewables towards achieving economic competitiveness for renewables.

This study analyses the constraints to attracting intraregional FDI inflows in South Asia in several sectors, such as energy, healthcare, and textile among others, which have potential for investments within the region.

This study analyses how oil importing and oil exporting countries are impacted by oil shocks. The case of Venezuela is taken for understanding the dynamics of a net exporting country and the case of India is taken to understand the impact on a net importing country.

This report contains inferences on the impact of crude oil price volatility on various world economies gained through literature review and insights developed from macro-economic data gathered from various sources.

This report gives a detailed account of the Financial Inclusion process in India with an in-depth focus on analyzing the Pradhan Mantri Jan Dhan Yojna, as it marks its first anniversary since inception.

The global consumer surge has tipped in favour of developing markets like India. Can the domestic retail industry tackle the influx of foreign retailers? How would their retail operations change and how do they appeal the new class of Indian consumers?

Is a FTA between the two growing economic powerhouses possible? Who will have the comparative advantage in such a situation? What are the product categories that the two nations should focus on? What should the framework of such a FTA be to ensure it is mutually beneficial?

All countries resort to some form of protectionism. However, with globalization, as traditional and transparent forms of protection have been reduced, there has been a shift towards less transparent and complex forms of protection. This article examines protectionist trends in global trade before and after the recent global economic crisis.

Financial Inclusion is one of the means to achieve economic development in the country. This article proposes a mobile phone based model for providing financial services to the unbanked in the country.

Increasingly product recalls due to faulty components have plagued the automobile industry. This articles looks at the feasibility of RFID adoption as a possible solution for Indian auto-component suppliers.

Is it always better to go for the simple cash and carry arbitrage? Does a box spread strategy provide more arbitrage opportunities than conversion and reversal strategies? What does an analysis of the arbitrage opportunities in Indian cash and derivatives equity markets reveal?

Firms carry out an analysis of their competitors on a regular basis to remain aware about their strategies and to be able to counter them in due time. However, many a times the firms’ competitive analysis is marred by Competitive Blind Spots. This article focuses on these and how to manage them.

Probiotic ice-creams are a healthy alternative to standard ice-creams with a similar taste. This article uses the concepts of Consumer Behaviour to formulate a strategy for the marketing of Probiotic ice-creams.

Ultra mega power projects can realize India’s dream of ‘Power for all’. However, what are the different kinds of risks that these projects face? Which among these risks are more significant and require attention? This article seeks to identify these factors.

Organizational changes in a multi-national organization have interesting ramifications on the local subsidiary. This article looks at how the Hindustan Unilever Research Centre, Bangalore adapted to the “Power of One” policy of marketing giant Unilever.

Does Indian stock options market conform to the Black-Scholes equation? If not, what are the other factors that affect the market price? An analysis of volatility skew graphs for Indian companies provides some insights.

The increasing number of back log cases in the Indian judicial system has become a serious national concern now. With the voices of “justice delayed is justice denied” getting louder, can a solution be found by improving the operational efficiency of our judiciary?

How have pricing plans evolved in Indian Telecom industry? What are the different product lines offered by existing players like Airtel? Are they different from the ones offered by Tata Docomo? How has the entry of new players, such as Tata Docomo, MTS, and Uninor affected the Telecom industry in India?

In their race for economic superpower-hood, both India and China must approach trade relations with the African nations with a far-sighted strategic outlook. How have these countries fared so far and what should be the way ahead? This article uses an extremely interesting economic model inspired by Newtonian mechanics to probe these questions.

Marketing now operates on a more subtle, emotional level, and advertisements are all about creating the right image of the brand. Read on to see how the two Cola giants been able to carve their own niches.

Anaemia has been a major issue in India for decades, yet most Government initiatives have not been effective in curbing it. Should the Government relook some of its policies and measures taken to tackle Anaemia? A live study of several stakeholders in this issue reveals some pointers.

Do people have confidence in Public Institutions? What parameters affect the confidence of the public in the government, and government bodies in general? How does this confidence vary across the various sections of society?

As the domestic airlines industry in India faces mounting challenges due to the steadily rising surge of traffic, can current operating models hold going into the future? How long can a ‘metro-only’ aviation industry remain sustainable, as more tier II cities become business hubs calling for better air connectivity?

Given the highly fragmented nature of the Indian book publishing industry, how should industry veteran Navneet Publications adapt? How should it capitalize on the current growth trends in the industry? A strategic analysis recommends the possible growth path.

As Samsung India Software Operations seeks to manage its 2600 employees, what is the ideal organisation structure? How does Samsung Korea influence the culture? How will Samsung India face the current challenges?

This article does a quantitative analysis of risk and returns of small hydro power (SHP) projects in India that are registered with United Nations Framework Convention on Climate Change (UNFCCC) under the clean development mechanism (CDM). The dependence of the performance parameters of the projects on different factors is examined through regression analysis and simulation and key factors that determine return and risk are identified. The article looks at the impact of registering SHPs and some recommendations follow from this analysis.

The public private partnership model, having been successfully implemented in several road projects in India, is now showing chinks in its armour. As the PPP model fails to provide attractive RoIs, is there anything the government can do?

Is there a market for adventure sports in India? What exactly are the kinds of experiences that consumers are looking for? How can a company provide offerings that consumers want? Read on to find out the answers to these questions.

At present in our country the Land Resource is managed very ineffciently, as a result not being put to its best possible use. This article provides a framework for a Land Bank that can be used for efficient mobilization of the Land Resource

With the boom in the telecom industry and the increase in mobile penetration the Indian story has been the focus of many studies. However, the customer perspective is often lost out. A look at the concerns of customers and subsequent suggestions follow.

Touted as engines of economic growth, SEZs have created quite a stir in the country in the past 4 years, raising several issues including adequacy of the provisions of the Act. Is our SEZ policy robust? If not, where does the gap lie? Is it in the conceptualization, implementation or governance?

While cricket is the darling of the masses in India, hockey and football are often said to have received step-motherly treatment. What is the story behind the current state of affairs? Can something be done?

Over the last decade of the 20th century, Tata Motors has been a forerunner in the globalization arena. However, with the domestic commercial vehicle market growing at a CAGR of 20% in the last 5 years and with the highway network across the country undergoing a dramatic expansion, the focus on globalization has declined. Given the current economic downturn, what should be Tata Motors' globalization strategy?

UltraTech is now the second largest producer of cement and ranks third on profitability. In a dynamic market scenario, the company possesses huge potential but also faces tough challenges. What are these challenges and what must it do to become the number one player in the industry over the long run? Read on to find out.

What is the potential for Value-added Services in the Indian Telecom Market? Will the Mobile Virtual Network Operator (MVNO) model work in India? What factors should a possible new entrant in this space consider and what form should it take?

The Indian Banking sector has seen quite a few Mergers and Acquisitions in the recent past. What have been the motives behind these? What are their benefits and drawbacks? How is the future direction of the M&A scene in India likely to be?

As the Tata group marches ahead with close to 100 companies under one roof, does it make sense to hold on to each of them? If not, should some of them be spun off? A portfolio analysis of the group picks out the potential contenders.

When sentiments rule the roost, can technical indicators come to the investors rescue? An in-depth analysis of the crashes in Indian markets over an eight year period beginning 2000 indicates maybe they can.

The ITES sector is an interesting subject of study from an Organization Theory perspective, given the unique nature of the business. Read on to know more about the decision making processes, factors affecting the communication across organization, and ways of fostering organization culture of a leading ITES company.

The ITES sector is an interesting subject of study from an Organization Theory perspective, given the unique nature of the business. Read on to know more about the decision making processes, factors affecting the communication across organization, and ways of fostering organization culture of a leading ITES company.

When Shakespeare wrote, "A rose by any other name would smell as sweet", he definitely did not think of potential misperceptions due to cultural differences. But can a company afford to overlook that in this fast changing age?

Restructuring is often pronounced as a virtual impossibility in very large organizations. How then does a behemoth like Nokia use it as a tool to gain competitive advantage in an exceptionally dynamic market?

HR is a very important function in an organization, not only for its internal activities but also for its growth and expansion. To propel an organization forward, it is necessary to ensure that the motivation levels stay high at work. In the process, HR function faces challenges that are very different depending on the industry. A case in point is the oil extraction and refining industry. In this article, we present the different HR policies of a petroleum producing firm and its implementation.